Blue Ridge Real Estate (OTCMKTS:BRRE) Trading Up 5% – Should You Buy?

Blue Ridge Real Estate Co. (OTCMKTS:BRRE) was up 5% during trading on Friday . The company traded as high as $10.50 and last traded at $10.50. 100 shares changed hands during mid-day trading, an increase of 18% from the average session volume of 85 shares. The stock had previously closed at $10.00.

Blue Ridge Real Estate Price Performance

The firm’s 50 day moving average price is $9.81 and its two-hundred day moving average price is $9.43. The firm has a market cap of $25.30 million, a price-to-earnings ratio of -14.38 and a beta of 0.23.

Blue Ridge Real Estate (OTCMKTS:BRRE) last posted its quarterly earnings data on Monday, June 15th. The company reported ($0.52) EPS for the quarter. The company had revenue of $0.90 million for the quarter. Blue Ridge Real Estate had a negative net margin of 26.73% and a negative return on equity of 8.77%.

About Blue Ridge Real Estate

Blue Ridge Real Estate Company owns investment properties in Eastern Pennsylvania. It operates in three segments: Resort Operations, Real Estate Management/Rental Operations, and Land Resource Management. The Resort Operations segment operates amenities surrounding Big Boulder Lake, including Boulder View Tavern and Boulder Lake Club; the Jack Frost National Golf Course; and the Stretch fishing club. The Real Estate Management/Rental Operations segment owns investment properties that are leased to others located in Eastern Pennsylvania.